North Dakota Statutes

§ 61-02-68.3 — Interim financing - Proper authority required

North Dakota § 61-02-68.3
JurisdictionNorth Dakota
Title 61Waters
Ch. 61-02Water Commission

This text of North Dakota § 61-02-68.3 (Interim financing - Proper authority required) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 61-02-68.3 (2026).

Text

Before entering into any loan agreement under section 61-02-68.2, the commission shall be satisfied by opinion of the attorney general, by an examination of relevant charters, resolutions, minutes, and other documents, or by other sufficient means that the owner or owners receiving such interim financing have the authority and power to construct the project or works, borrow these funds, and enter into the loan agreement. The commission shall also be so satisfied that all procedures, resolutions, and other things necessary to exercise such authority and power have been followed or properly performed.

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Bluebook (online)
North Dakota § 61-02-68.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-02-68.3.